The BEPZA took the move to construct the two EPZs, as it had received positive signals from the previous government to go for expansion.
Earlier in 2008, the BEPZA governing body approved Meghna EPZ, to be set up at Gazaria in Munshiganj near the Dhaka-Chittagong Highway, amid increasing demand for plots by potential investors.
and SAZL to Establish Joint Venture Company II-24
BEPZA provides fully serviced, secured industrial plots and standard factory buildings with simplified licensing and permitting procedure.
BEPZA has been striving hard to upgrade its operational efficiency to a level, which would cater the diversified needs of the investors.
To achieve this objective challenges ahead for BEPZA would be:
With the changing global business and investment scenario the EPZs of Bangladesh have revised its expansion strategy and in tune with the varied needs of the present day businesses BEPZA is customizing its investment incentives and facilities.
This is a matter of regret that all on a sudden, without any consultation with the stake-holders, BEPZA has arbitrarily formulated 'Guidelines'('Bond to Bond Transfer Guidelines, 2016')'prohibiting' certain types of inter-bond transfers.
Under the present arrangements, however, recommendation/permission/no objection from BEPZA is required by Customs for according such inter-bond transfer permissions.
It is obvious that, such NOC/recommendation of BEPZA is required to ensure co-ordination.
Representing their respective organisations, the agreement was signed by Member (Investment Promotion) of BEPZA
Sayed Nurul Islam and Managing Director of BD Designs Naseer Humayun.